154 Views

Altamont-backed McLarens nabs $107 mln

McLarens, a portfolio company of Altamont Capital Partners, has received a $107 million credit facility. GE Antares, a unit of GE Capital, served as the administrative agent while GE Capital Markets was lead arranger and joint book runner on the loan. Headquartered in Atlanta, McLarens is a provider of claims management, loss adjusting, pre-risk and damage surveying and auditing services.

PE-backed Tall Tree Foods buys Klement’s

Tall Tree Foods, a portfolio company of Altamont Capital Partners, has acquired Klement Sausage Co. No financial terms were disclosed. Greene Holcomb Fisher advised Klement’s on the transaction. Based in Milwaukee, Klement’s is a sausage maker.

Altamont Capital Partners promotes Brownlie to MD

Altamont Capital Partners has promoted Steve Brownlie to managing director. Brownlie has been with Altamont since the inception of the firm. In addition, Jon Altman and Alex Rolfe, also members of the original Altamont team, were promoted to principal, and Sam Gaynor and Kevin Mason to vice president.

Billabong Secures Loan Financing

FS Investment Corporation and FS Investment Corporation II and private equity firm Altamont Capital Partners have committed to a $294 million proprietary loan financing for Billabong International Limited. Billabong is an international manufacturer and distributor of surfwear and extreme sports apparel. The financing commitment provided by FSIC, FSIC II and Altamont consists of a $294 million bridge loan. The financing arrangement also includes an option to acquire a 15 percent equity stake in Billabong.

VF Corporation and Altamont Capital Partners Eye Billabong

VF Corporation and Altamont Capital Partners have submitted a non-binding, joint letter of interest to acquire all of the issued securities in Billabong International Limited for AUD $1.10 per share in cash. Billabong has agreed to allow VF and Altamont to conduct due diligence to evaluate Billabong’s business.

194 Views

Altamont Capital Partners Backs Modern HEALTHcare Carve-Out

Altamont Capital Partners has provided backing to support the carve-out of the specialty pharmacy operations of Modern HEALTHcare, based in Monrovia California. The new company, called ModernHEALTH Specialty Pharmacy, has also simultaneously acquired the specialty pharmacy operations of A-Med Healthcare. PRESS RELEASE Altamont Capital Partners (Altamont) today announced that it has provided capital to support […]

Altamont Capital Backs McLarens Young

Altamont Capital Partners has provided an undisclosed amount of financing to insurance loss adjuster McLarens Young International to support its merger with Airclaims. Airclaims is a loss adjusting company in the aviation industry. Altamont Capital Partners is a private investment firm based in the San Francisco Bay Area.

Altamont Capital Partners Invests in Robert Allen

The Robert Allen Group, a New York-based maker of decorative fabrics, has taken an investment from Altamont Capital Partners. Specifics of the transaction were not publicized Stifel Nicolaus Weisel served as Robert Allen’s financial advisor on the transaction.

Jesse Rogers Discusses Altamont’s First Deal

Altamont Capital Partners, the new firm started by Golden Gate Capital co-founder Jesse Rogers, has closed its first deal, buying used car sales and finance chain J.D. Byrider from its founding family, as Buyouts first reported. “We’re fired up,” Rogers told Buyouts in an interview before the deal was announced. “It’s a deal we’re real […]

Altamont Capital Partners Adds Casey Lynch

San Francisco-based Altamont Capital Partners has named Casey Lynch to the post of managing director. Lynch worked previously as a partner at SFW Capital, and in his new role will focus on investments in healthcare and business services. Altamont Capital is a middle market private equity firm with $500 million under management.

107 Views

Jesse Rogers’ Altamont Capital Partners Closes First Fund With $500 Million

Palo Alto-based Altamont Capital Partners has officially closed its first fund with $500 million, roughly 10 percent of which has come from the general partner and its affiliates. The firm is the newest offering by PE vets Jesse Rogers, Randall Eason, and Keoni Schwartz, who’ve previously worked together at both Golden Gate Capital and Bain […]

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